Investors Could Gain From Beijing Power Shift

A focus on companies in eight strategic industries, and those that serve the growing domestic market, could yield the best returns.

If you're interested in investing in Chinese stocks, better play Follow the Leader. In other words, hang on every word from China's key political players, as opposed to junior functionaries such as commerce ministers and bankers.

Despite the success of China's experiments in free-market capitalism, the top-cat communists running the show in Beijing can't resist the temptation to engineer the economy. Their tinkering will increase in the next several years, according to Robert Hardy of Geostrat, a business-intelligence...